[Funding alert] Women skilling and employment platform WiT-ACE raises $1M in seed round led by founders of Cit
WiT-ACE (Women in Technology- Accelerated Career Experiences) on Thursday announced that it has raised $1 million as part of its first seed fund led by founders of CitiusTech. Other investors including CP Gurnani, CEO of Tech Mahindra; Sumita Ambasta, Founder and Executive Director, Flowering Tree Inc.; Subodh Bhargava, Independent Director Chairman at Tata Communications and Wartsila India; Vikram Chachra, Founding partner, 8i Ventures; Sonny Iqbal, Partner and Co-leader, Family Business Practice at Egon Zehnder also participated in this round. Dexter Capital also supported WiT-ACE for this fund raise.
Founded in 2018 by Anuranjita Kumar, WiT-ACE is a platform focused on increasing women participation in the STEM workforce. It has commenced work with over 100 companies to engage, enable, and employ women in decision making through their digital platform and virtual products in a short span of time.
Further, through its industry-governmental-academic partnerships, WiT-ACE is working closely to ensure policy and education impact in the industry.
Speaking about the new development, Anuranjita Kumar, Founder and CEO, WiT-ACE said,
"It is humbling to have partners who are mentors and industry torch bearers …
More on: yourstory.com